Tybourne Capital Raises Autohome Stake ~ market folly

Tuesday, March 4, 2014

Tybourne Capital Raises Autohome Stake

Eashwar Krishnan's hedge fund firm Tybourne Capital just filed a 13G with the SEC regarding its stake in Autohome (ATHM).  Per the filing, Tybourne now owns 5.3% of ATHM with over 1.9 million shares.

This is an increase of over 450,000 shares since the end of 2013.  The filing was required due to activity on February 14th.

Prior to founding Tybourne, Krishnan worked at Lone Pine Capital.  You can view some additional recent portfolio activity from Tybourne here.

Per Google Finance, Autohome is "an online destination for automobile consumers in China. Through its two Websites, autohome.com.cn and che168.com, the Company delivers content to automobile buyers and owners. The Company's Content includes professionally produced content, user generated content, automobile library and automobile listing information. The Company generates revenues from online advertising services and dealer subscription services."

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